Overview
What is Thunderbird Prepartory Academy Inc?
Thunderbird Preparatory Academy Inc, located in Cornelius, North Carolina, is a nonprofit organization committed to nurturing and fostering the potential of its students. Operating as Lakeside Charter Academy, the institute strives to establish a conducive learning environment that recognizes and strengthens each child individually. The school partners with parents to cultivate learners through scholarship, leadership, and citizenship. Its curriculum is constructed around the Core Knowledge Sequence by E.D. Hirsch, emphasizing a comprehensive, content-rich program that integrates skills and standards in a spiral format. With a focus on providing innovative, challenging, and rigorous academics, Lakeside Charter Academy serves children from kindergarten to 8th grade in a safe and nurturing environment. The school's full development of its students is achieved through the pillars of scholarship, leadership, and citizenship, which include a challenging comprehensive academic program that can be differentiated.
Official website here: www.lakesidecharteracademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
Thunderbird Preparatory Academy Inc has received a one-star rating from Charity Navigator, indicating significant concerns in its accountability and financial practices. While the organization has an independent board of directors and has achieved full marks for its audit and absence of asset diversion, there are critical gaps in transparency and governance policies.
The charity is noted to be lacking in several essential policies, including a conflict of interest policy, whistleblower protection, and document retention guidelines, which raises questions about its operational integrity. Additionally, the organization has not provided its tax forms on its website, further contributing to transparency issues.
Financially, Thunderbird Preparatory Academy shows a troubling liabilities-to-assets ratio above 100%, which suggests potential financial instability. Although it allocates a majority of its expenses (54.81%) to programs, the overall financial health and governance shortcomings indicated in the rating necessitate careful consideration from potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Thunderbird Prepartory Academy Inc legitimate?
Thunderbird Prepartory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thunderbird Prepartory Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,112,477
For more financial information, click here
Official website here: www.lakesidecharteracademy.com
What is the mission statement of Thunderbird Prepartory Academy Inc?
Thunderbird Preparatory Academy Inc, in collaboration with parents, aims to foster learners through scholarship, leadership, and citizenship. The academy offers a focused and coherent curriculum, emphasizing an academic foundation with a content-rich curriculum that integrates skills and standards in a spiral format. They believe in providing innovative, challenging, and rigorous academics in a safe and nurturing environment. Objective achievement standards, driven by proven curriculum, empowered teachers, and constructive parental involvement are key components of their community setting. The academy serves children from kindergarten to 8th grade, and the fullest development of their students occurs through the pillars of scholarship, leadership, and citizenship, which include a challenging comprehensive academic program that can be differentiated.
Official website here: www.lakesidecharteracademy.com
Who is the CEO of Thunderbird Prepartory Academy Inc?
Taft Morley is the Board Chair of Thunderbird Prepartory Academy Inc.
Official website here: www.lakesidecharteracademy.com
What is the revenue of Thunderbird Prepartory Academy Inc?
Thunderbird Prepartory Academy Inc's revenue in 2022 was $2,690,563.
Official website here: www.lakesidecharteracademy.com
Who are the executives of Thunderbird Prepartory Academy Inc and what are their salaries?
The average compensation at Thunderbird Prepartory Academy Inc during 2022 was $101,134. There are 11 employees and 50 volunteers at Thunderbird Prepartory Academy Inc.
Here are 6 key members and their salaries:
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Official website here: www.lakesidecharteracademy.com
Where can I find the form 990 for Thunderbird Prepartory Academy Inc?
Thunderbird Prepartory Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakesidecharteracademy.com
Learn more at the official website: www.lakesidecharteracademy.com
Mission Statement of Thunderbird Prepartory Academy Inc
Thunderbird Preparatory Academy Inc, in collaboration with parents, strives to foster learners by promoting scholarship, leadership, and citizenship. The academy offers all students an opportunity to engage with a comprehensive and coherent curriculum, guided by E.D. Hirsch's Core Knowledge Sequence. This approach emphasizes an academic foundation built on a content-rich curriculum that integrates skills and standards in a spiral format. The academy is committed to providing innovative, challenging, and rigorous academics in a secure and nurturing environment for children, from kindergarten to 8th grade. The academy believes in achieving objectives through proven curriculum, empowered teachers, and constructive parental involvement, fostering a true community setting. The full development of its students will be realized through its pillars of scholarship, leadership, and citizenship, which encompass a rigorous comprehensive academic program that can be differentiated.
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Impact
July, 2024
Thunderbird Preparatory Academy Inc, operating as Lakeside Charter Academy, is making a significant impact in the community of Cornelius, North Carolina. By providing a focused and coherent curriculum through the Core Knowledge Sequence by E.D. Hirsch, the academy is cultivating learners through scholarship, leadership, and citizenship. This comprehensive academic program, combined with a safe and nurturing environment, empowers students to excel and reach their fullest potential. Additionally, the emphasis on objective achievement standards, empowered teachers, and constructive parental involvement creates a true community setting that supports the holistic development of each child. Through its pillars of scholarship, leadership, and citizenship, Lakeside Charter Academy is shaping future leaders and responsible citizens, laying a strong academic foundation for children from kindergarten to 8th grade.
This information is meant to be a general summary of Thunderbird Prepartory Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $10,178
- Gross Receipts: $2,696,885
Assets and Liabilities:
- Total Assets: $15,940,176
- Total Liabilities: $16,598,431
- Net Assets: -$658,255
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT ACTIVITIES & FEES
Revenue
$10,178
Organization Details
Principal Officer
Taft Morley
Main Address
17609 OLD STATESVILLE ROAD, CORNELIUS, NC, 28031
NTEE Category
Code: B24 - Education
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